All Student accommodation articles
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News
Student Accommodation Awards – Meet our winners
The great and the good of the student accommodation market gathered in Greenwich on 5 December as Property Week revealed the winners of the Student Accommodation Awards 2023.
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Online
Scape Living puts £67m Brighton PBSA scheme on the market
Scape Living has placed a purpose-built student accommodation (PBSA) scheme in the centre of Brighton on the market, seeking offers in excess of £67m.
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News
Caddick greenlit for final 650-unit phase of Leeds PBSA scheme
Developer Caddick Group has secured planning permission to deliver the 651-unit final phase of its purpose-built student accommodation (PBSA) scheme in Leeds.
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News
Moorfield Group partners with Melberry for £42m Lincoln PBSA scheme
UK real estate fund manager Moorfield Group has entered into its second development agreement with Melberry Developments, on behalf of Moorfield Real Estate Fund V, for a £42m student accommodation scheme. It is Moorfield’s second project in its ‘Zennor’ partnership with Funding House
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Online
Watkin Jones appoints Pease as CEO
Alex Pease has been appointed as chief executive of Watkin Jones following the departure of Richard Simpson in July.
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News
Mace launches £56m PBSA asset in Oxford to the market
Construction and consultancy company Mace has brought a purpose-built student accommodation (PBSA) freehold asset in Oxford to the market, seeking offers in excess of £56m.
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News
Growing bed shortage drives student accommodation rent hikes
Growth in the number of purpose-built student accommodation (PBSA) beds has slowed by 66.6% since 2019 and the supply shortage is expected to worsen, with an estimated shortfall of 490,000 beds by 2026, the latest annual report from student accommodation portal StuRents shows.
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News
South west London student block listed a £4.75m in upcoming Savills auction
A south-west London freehold student investment of 40 en-suite bedrooms is up for sale at a guide price of £4.75m at Savills 21 November auction.
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News
IQ Student Accommodation buys two Downing PBSA assets in deal worth reported £370m
IQ Student Accommodation has acquired two purpose-built student accommodation (PBSA) properties in London and Edinburgh from Downing Students in a deal believed to be worth £370m.
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News
Empiric Student Property rent and occupancy growth leads to dividend target boost
Empiric Student Property aims to increase its dividend target after reporting 10% like-for-like rental growth for 2023/24 in its trading update for the year to date.
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Markets
Balancing affordability and rising costs are crucial in the PBSA sector
Higher construction costs coupled with rising demand are pushing up prices in the purpose-built student accommodation sector. So, how can developers deliver affordable student accommodation in the current market, asks Property Week’s Adam Branson.
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News
Property Week events gain CPD certification
Delegates at Property Week events will now be able to use their attendance towards their Continuing Professional Development (CPD) hours.
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News
Investor interest in PBSA jumps by a third, reports Investec
Student accommodation is now the most attractive market for investors within the living sector after interest jumped by 32% of the last two years, according to the latest report from Investec, Property Week can reveal.
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News
Empiric Student Property appoints Prime’s Joanne Pollard as first COO
Student accommodation owner and operator Empiric Student Property (ESP) has announced the appointment of Joanne Pollard as chief operating officer (COO).
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Online
Smith to step down as CEO of Unite Students
Richard Smith is set to step down as chief executive of Unite after 13 years with the student accommodation giant.
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News
Urbanite appoints Gerald Eve to sell Leeds former Yorkshire Post base
Urbanite has appointed Gerald Eve to market the Yorkshire Post’s iconic former home in Leeds city centre, which has planning consent for conversion to student accommodation and build-to-rent apartments.
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Online
Moorfield launches UK REIT to buy homes for rent
Moorfield Group has launched a fund that plans to invest £500m in the residential rental sector.
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Online
Vita Group agrees £300m student portfolio sale with Savills IM client
Vita Group has sold a student accommodation portfolio to a Savills Investment Management client for around £300m.
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News
Oxford’s St Hilda’s College buys £12m city centre property
St Hilda’s College, part of Oxford University, has added to its property portfolio with the acquisition of 14-16 Norham Gardens for £12m, which will be used as student accommodation.
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News
Cain completes £500m PBSA forward funding deal
Five purpose-built student accommodation (PBSA) schemes providing 2,389 student beds will be developed across five UK cities after Cain International completed a £500m forward-funding deal.